Costa Blanca Property Prices Increase

by George | 31/07/23 | Golf News, News & Views

Costa Blanca Property Prices Boosted by Declining Stock

Despite predictions of a dip in Spanish property prices in 2023, Costa Blanca’s local real estate market continues its robust growth, with average prices increasing by more than 10%.

A reduction in the supply of newly built and resale homes throughout Spain’s coastal regions continues to support a nationwide property price surge. The trend, as indicated by real estate giant, Idealista, is driven by a marked drop in home availability in most Spanish coastal zones, increasing property prices amid a cost-of-living crisis and rising borrowing expenses in the last year.

Escalating costs of construction materials and fittings have led to fewer completed properties, project delays, and higher costs for foreign property buyers. This situation has resulted in more expensive properties and longer waiting times for new homes in desirable areas, putting additional strain on the resale market.

With limited new homes on the Costa Blanca market, many buyers and investors are turning to the resale market as many new properties are priced beyond the reach of most potential holiday homeowners.

Resale properties are becoming increasingly attractive due to their affordability compared to equivalent new builds, and their appeal is expected to grow given the foreseeable lack of improvements in residential housing stock.

Alenda Golf Properties offers a comprehensive service for individuals looking to sell or purchase a property on this beautiful golf course.  Contact us today to make your selling or buying experience seamless, quick, and economical.

Mulligans, an age-old golf tradition

by George | 19/07/23 | Golf News, News & Views

Mulligans, an age-old golf tradition, offers players a second chance for shots gone awry.

Here’s a fun guide on when to try to get a mulligan:

1. 1^st Tee Shot: A poor initial drive justifies the use of a mulligan, especially without adequate warm-up. Be cautious though if your first drive was good, if your host disapproves, after an extensive practice session, or when being the last golfer with no one else taking a mulligan.
2. Missed Short Putt: If you miss a short putt, feel free to replay it. But avoid extending this to longer putts as it may be seen as taking unfair advantage.
3. Wrong Spot Play: Hitting from an incorrect location on a new course can happen. In such situations, it’s okay to take another shot.
4. Damaged Golf Ball: If your ball behaves unusually due to damage, a mulligan is perfectly fine.
5. Poor Performance on 18th Hole: If you’ve had a bad day and mess up the final shot, take a ‘pity mulligan’.
6. First Putt on Fast Greens: If the practice green speed is different from the course, and your fellow players are agreeable, a mulligan could be considered.
7. Distraction during Backswing: A sneeze, car honk or any unexpected noise during your backswing is an acceptable reason for a mulligan, provided you use it sparingly.
8. Foot Slip during Swing: Slipping during the swing doesn’t reflect your skill. Feel free to take another shot but avoid frequent usage.
9. Animal Interference: If an animal interrupts your shot, that’s a valid excuse for a mulligan.
10. Phone Call Interruption: Life happens. If an urgent call disrupts your game, you’re justified to hit another ball.

Alenda Golf Property, Costa Blanca Golf Property, and IDEALISTA

by George | 9/07/23 | Golf News, News & Views

At Alenda Golf Property, we’re committed to providing comprehensive support for both property buyers and sellers.

We now showcase properties from clients looking to sell across three distinct websites: Alenda Golf Property, Costa Blanca Golf Property, and IDEALISTA. This investment has been made with the prime objective of maximizing our clients’ chances of selling their properties promptly and at the most favorable prices.

Moreover, we’re excited to announce the launch of our debut magazine, Alenda Golf Life.

This publication is tailored to keep our residents, visitors, and property owners updated on all things Alenda.

The magazine accentuates the wonderful experience of living, breathing, and playing here at Alenda, whilst providing a snapshot of what’s happening across our vibrant community.